21:34:51 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Badger Daylighting Ltd
Symbol BAD
Shares Issued 37,100,681
Close 2018-01-10 C$ 26.04
Market Cap C$ 966,101,733
Recent Sedar Documents

Globe says Badger Daylighting maintained at "buy"

2018-01-11 07:36 ET - In the News

The Globe and Mail reports in its Thursday edition that Acumen analyst Brian Pow named Badger Daylighting ($26.04) to the firm's list of 2018 top investment ideas. The Globe's David Leeder writes that Mr. Pow continues to rate the shares "buy," with a $37 share target. Analysts on average target the shares at $32.92. Mr. Pow says in a note: "BAD's 2017 stock performance of a 15-per-cent decline contradicts what we believe has been a year with significant progress. The CEO is now well entrenched in the business and is showing his ability to accelerate growth and drive operational improvement. Furthermore, the growth focus is in the U.S. where there is less competition and the company is well on its way to its goal of doubling its U.S. business in the next three to five years. We also believe BAD will be one of the names in our universe to benefit the most from the U.S. tax changes in 2018. The benefit of the accelerated depreciation is particularly attractive as BAD is currently sending most of its trucks to its U.S. operations. We would take advantage of the current price as we expect street estimates to be revised upward to reflect a faster pace of truck manufacturing to support its growth objectives."

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